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Sun Communities SUI MH — Utilities Expense

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Other financials

Income statement

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Revenue$507.9M+8.0%
Gross profit$664.6M+28.6%
Net income-$6.3M+84.9%
EPS (diluted)-$0.07+79.4%

Balance sheet

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Cash & equivalents$497.0M+410%
Total debt$45.5M-5.8%
Total equity$6.8B-2.4%
Total assets$12.4B-25.1%

Cash flow

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Operating cash flow$269.3M+10.4%
CapEx$230.3M+36.9%
Free cash flow-$46.5M-330%

Valuation

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Market cap$15.01B+0.2%
Enterprise value$14.56B-2.5%
P/E10.5×-32.5×
P/S6.5×-0.1×

Profitability

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Gross margin86.5%-4.4pp
Net margin62%+46.6pp
FCF margin-6.1%-9.6pp

Returns & leverage

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Return on equity20.9%+15.9pp
Debt / equity0.0×

Where this comes from

Reported directly by Sun Communities in its filing.

Tagged under the XBRL concept sui:UtilitiesExpense.

The official record: Sun Communities’s 10-Q, filed April 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Sun Communities's MH — utilities expense?
Sun Communities (SUI) reported MH — utilities expense of $26.5M in Q1 2026.
What does MH — utilities expense mean?
The costs incurred for essential utilities, such as water, electricity, and waste management, provided to the communities. These expenses are often partially recoverable from residents but represent a significant operating cost for the landlord.